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  1. forum rang 10 voda 23 maart 2022 07:46
    EDF to Supply Renewable Energy to Anglo American South Africa

    Strategic Research Institute
    Published on :
    23 Mar, 2022, 5:30 am

    Anglo American has signed a Memorandum of Understanding with EDF Renewables, a global leader in renewable energy, to work together towards developing a regional renewable energy ecosystem in South Africa. The ecosystem is expected to be designed to meet Anglo American’s operational electricity requirements in South Africa through the supply of 100% renewable electricity by 2030, thereby also supporting the resilience of the local electricity supply systems and the wider decarbonisation of energy in the country.

    The partnership is expected to bring a host of benefits to South Africa and the region, including:

    Implementing 3-5 GW of renewable electricity (solar and wind) and storage over the next decade, thereby increasing total grid supply resilience

    Supporting the decarbonisation initiatives of governments across Southern Africa

    Stimulating the development of new economic sectors, local production and supply chains

    Anglo American has already secured 100% renewable electricity supply for all its operations in South America, resulting in 56% of our global grid supply expected to be sourced from renewables by 2023. In South Africa, while there is an abundance of renewable energy sources such as wind and solar, there is limited renewables infrastructure to harness it. As Anglo American progresses towards its 2040 target of carbon neutral operations, this partnership with EDF Renewables is designed to abate the largest single source of its Scope 2 emissions, being its current grid supply in South Africa. The RREE aims to support South Africa’s decarbonisation ambitions and the country’s Just Energy Transition, creating a sustainable and inclusive future.

    The RREE will draw on South Africa’s natural renewable energy potential to develop a network of on-site and off-site solar and wind farms, amongst other opportunities, offering 24/7 renewable energy to Anglo American’s operations. Anglo American anticipates that a number of partners will provide equity financing for the RREE, in addition to the RREE attracting debt financing that is typical for high quality energy infrastructure projects.
  2. forum rang 9 nine_inch_nerd 30 maart 2022 10:00
    Naast Mangaan mining en batterijrecycling ook dit.

    American Manganese Reports Significant Rare Earth Values on Rocher Deboule Cu-Au-Ag Project

    American Manganese Inc. (“AMY” or the “Company”) reports Vent Zone IP Geophysics Identifies High Chargeability and coincident and Significant Rare Earth Values on Rocher Deboule Cu-Au-Ag Project:

    The Vent Zone alteration consists of chlorite-quartz-carbonate-garnet-clay hosted in andesitic flows/tuffs (porphyritic) of Upper Cretaceous Kasalka Group Brian Boru Formation. SGH (spatiotemporal geochemical hydrocarbon) surveys carried out in 2017 resulted in redox cell (6.0 out of 6.0 rating), and copper-gold anomalous zones (5.0 out of 6.0 rating) that coincide with the redox cell anomaly. In 2021, pole-dipole array IP Geophysics on “Vent Zone” target identified elevated chargeability (>30 mV/V), which correlates with the redox-cell soil hydrocarbon anomaly. Widespread, disseminated sulphides (mostly fine grain pyrite) are present in the portions of the Vent Zone. IP survey high chargeability and coincident low resistivity on west portion of grid area are interpreted extent of Vent Zone. In the central part of the IP survey area, relatively strong chargeability and low resistivity increases at depths of approximately 100-200 meters (328-656 feet). The Vent Zone has positive Cu- Au-Ag-Co-REE soil geochemical anomalies and is interpreted as an Iron-Oxide Copper-Gold (IOCG) occurrence.

    A total of 5 rock chip samples (ranging from 0.55-1.44 kgs in weight) were taken from outcrop (sampled intervals ranging from 15-35 centimeters) near the Rocher Mine area (proposed drilling of “Main Zone” No 4 & 3 Veins) and shipped to ALS Canada Ltd for ME-MS61r four acid multi-element ICP-MS + REE, and AuICP21 Au 30-gram Fire Assay ICP-AES finish (certificate VA 21172433). The following significant results are listed:

    Rock chip sample geochemical analysis results indicate massive and semi-massive chalcopyrite-pyrite mineralization (with minor bornite and molybdenite) contain significant rare earth elements (REE elements Ce- La-Nd-Pr are listed above). The Rocher Mine No 2 & 4 Veins are considered primarily as vein type (tabular shaped) copper resources accompanied by silver, gold and rare earth element bearing minerals. The distribution of rare earth elements (La-Ce-Sc-Y-Pr-Nd-Pm-Sm-Eu-Gd-Tb-Dy-Ho-Er-Tm-Yb-Lu) are associated with silicified fault zones that have magnetite and massive sulphide. Sulphides & REE do not correlate well. It is unclear whether rare earth bearing minerals are associated with sulphide minerals or re-distributed (re-mobilized) from earlier geological (e.g., pegmatitic phase) events, or a combination of both. Rare earth elements weakly correlate with increased P, and U/Th. Note- U values ranging between 1.1-19.7 ppm uranium and Th values ranging between 0.12-13.9 ppm thorium are well below threshold values of 100 ppm U.

    The two main deposit types are observed at the Rocher Mine No 4 & 2 Veins:

    EARLY FORMING POLYMETALLIC VEIN/BRECCIA: semi-massive and coarse grain (blebby) chalcopyrite with increased magnetite-REE bearing mineralization is related to elevated Cu-Au-Ag-REE in ‘polymetallic’ fissure veins/breccias developed in pegmatitic/aplitic phases of early forming intrusions.
    LATE FORMING SUB-VOLCANIC VEIN/BRECCIA: massive chalcopyrite, minor bornite-tetrahedrite- arsenopyrite-sphalerite-argentiferous galena bearing mineralization is related to elevated Cu-Ag-As-Sb in ‘sub-volcanic’ fissure veins/breccias.
    A drill program is planned on the Rocher Mine 2 & 4 Veins and Vent Zones for 2022.

    “The BC Mineral Permit application has been laborious to complete, but is another potential catalyst for advancing the company’s agenda in critical metals, such as rare earths and copper,” said Larry Reaugh, President and CEO of American Manganese. “This does not take away any of the focus on the company’s lithium-ion battery recycling technology, RecycLiCo™.”

    Andris Kikauka (P. Geo.), Director for American Manganese Inc, has prepared, reviewed, and approved technical information in this press release. Mr. Kikauka is a non-independent Qualified Person adhering to National Instrument 43-101 reporting standards.
  3. forum rang 10 voda 4 april 2022 07:23
    Metals Acquisition Corp to Acquire CSA Copper Mine from Glencore

    Strategic Research Institute
    Published on :
    01 Apr, 2022, 6:50 am

    Glencore plc and Metals Acquisition Corp have entered into a binding agreement for the sale and purchase of Glencore’s CSA copper mine in New South Wales, Australia. Glencore will receive USD 1.05 billion in cash, USD 50 million equity stake in MAC and a 1.5% net smelter return life of mine royalty upon completion of the transaction. MAC will assume ownership and full operational control of the mine and will enter into an offtake agreement with Glencore for 100% of the copper concentrate produced at CSA Mine.

    Glencore will reportedly continue to be a leading marketer, producer, and exporter of the Australian metals and minerals that will underpin the global transition to a low-carbon future.
  4. forum rang 9 nine_inch_nerd 4 april 2022 16:04
    Canadees die ook in IJsland bezig is.

    Reykjavik, April 4, 2022 – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) is pleased to provide an update on the progress of its Icelandic operations. Results from the 2021 drilling campaign on the Thor Gold Project are now available and disclosed in this release. The research initiative aimed at allowing in situ production of valuable metals from geothermal pipes and mineral tailings has reached a new milestone.

    webfiles.thecse.com/SX_Press_Release_...
  5. forum rang 10 voda 6 april 2022 07:09
    Labour Pact Reached for Rio Tinto Kennecott Employees

    Strategic Research Institute
    Published on :
    06 Apr, 2022, 6:30 am

    Rio Tinto and unions representing approximately 1,300 employees at the Kennecott copper operation near Salt Lake City, Utah, have reached a new Collective Bargaining Agreement. The new five-year agreement was ratified through a vote by union members held on 31 March 2022, following seven weeks of constructive negotiations. This agreement, effective 1 April 2022, delivers fair and competitive wages and enhanced benefits for all represented Rio Tinto Kennecott employees, and new pathways to career progression.

    Rio Tinto Kennecott managing director Gaby Poirier said: “We are very pleased that the new Collective Bargaining Agreement has been ratified by Rio Tinto Kennecott’s union members. We have worked closely and productively with the unions to reach this agreement, which is fair and competitive, benefits our employees and their families, and enables us to grow as a business. The agreement will ensure that we can continue to provide competitive wages and benefits for all roles, and will allow Kennecott to pursue an exciting future as a leading domestic copper supplier in the United States.”

    The Kennecott copper mine employs more than 2,000 workers and contributes $1.6 billion annually to Utah’s economy.
  6. forum rang 10 voda 6 april 2022 07:11
    Rio Tinto Completes Acquisition of Rincon Lithium Project

    Strategic Research Institute
    Published on :
    05 Apr, 2022, 6:30 am

    Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for AUD 825 million, following approval from Australia’s Foreign Investment Review Board. A binding agreement to purchase the project from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, was announced in December 2021.

    Rincon is a large undeveloped lithium brine project located in the heart of the lithium triangle in the Salta Province of Argentina, an emerging hub for greenfield projects. The project is a long life, scaleable resource capable of producing battery grade lithium carbonate. It has the potential to have one of the lowest carbon footprints in the industry.

    The direct lithium extraction technology proposed for the project has the potential to significantly increase lithium recoveries as compared to solar evaporation ponds. A pilot plant is currently running at the site and further work will focus on continuing to optimise the process and recoveries.

    The market fundamentals for battery grade lithium carbonate are strong, with lithium demand forecast to grow 25-35% per annum over the next decade with a significant supply demand deficit expected from the second half of this decade.
  7. forum rang 10 voda 6 april 2022 07:14
    BHP Commentary on Iron Ore

    Strategic Research Institute
    Published on :
    05 Apr, 2022, 6:30 am

    BHP in latest annual report said “Iron ore demand and prices rose to record highs during 2021 as China’s imports remained well above one billion tonnes while consumption in the rest of the world largely recovered to pre-COVID levels. Global scrap generation and consumption also regained their pre-pandemic volumes, but significant incremental high-cost iron ore supply was required to balance the market. The monthly average Platts Index for 62% iron fines converted to a free on board basis rose by 45% (from $101/dmt in 2020 to $147/dmt in 2021 in nominal terms) year on year in order to incentivise the seaborne supply response.”

    BHP said “The steel intensity of the global economic recovery also lifted steel prices and steelmaking profitability across regions to record levels, and global crude steel production grew by almost 100 million tonnes year on year – one of its largest absolute annual increments in history to an unprecedented total of almost two billion tonnes. Steel output in Europe and North America rebounded by 16% and 19% year on year, respectively, and exceeded pre-pandemic levels in India, ASEAN and the Middle East.”

    BHP added “On the seaborne iron ore supply side, the major producers maintained their 2020 aggregate shipments, but volumes remained below those delivered in the 2018 calendar year (pre-Brumadinho tragedy) for the third consecutive year. The demand and price premiums for iron ore concentrate and pellets were supported by the recovery in ex-China steel production as steelmakers in developed regions responded to record margins by seeking to ramp up capacity and boost productivity using high-quality raw materials.”
  8. forum rang 10 voda 7 april 2022 07:30
    Rio Tinto Starts Aluminium Remelt Furnace at Laterrière Plant

    Strategic Research Institute
    Published on :
    07 Apr, 2022, 6:30 am

    Rio Tinto has commissioned a new remelt furnace at its Laterrière Plant, adding 22,000 metric tons of recycling capacity to its aluminium operations in the Saguenay – Lac-Saint-Jean region of Quebec. The $8.4-million project has been completed over two years to offer rolled product customers in the North American automotive and packaging industries a new sustainable supply solution combining low-carbon and recycled aluminium.

    The remelt furnace is equipped with highly efficient burners to minimize its carbon footprint. The project has created seven new jobs.

    The rolled product recycling service complements the closed looped solution Rio Tinto introduced for billet customers in 2021. Rio Tinto’s technical marketing experts are available to assist customers in selecting the right recycled content together with the optimal alloy for their specific needs.

    Rio Tinto is an industry leader in responsible aluminium production, with operations in Canada run on 100% renewable hydropower. In 2016, Rio Tinto launched RenewAl, the world’s first certified low CO2 primary aluminium brand.
  9. forum rang 9 nine_inch_nerd 7 april 2022 11:00
    Montréal, April 7, 2022 – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) is pleased to release the additional partial results of its 2021 drilling campaign on its 100% own Manicouagan Project.

    Manicouagan Critical Metals Drilling Update: High-Grade Rhodium

    webfiles.thecse.com/SX_Press_Release_...
  10. forum rang 9 nine_inch_nerd 11 april 2022 08:49
    quote:

    nine_inch_nerd schreef op 7 april 2022 11:00:

    Montréal, April 7, 2022 – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) is pleased to release the additional partial results of its 2021 drilling campaign on its 100% own Manicouagan Project.

    Manicouagan Critical Metals Drilling Update: High-Grade Rhodium

    webfiles.thecse.com/SX_Press_Release_...
    Discovery of a High-Grade Nickel & Palladium Ore Body
    Mon, April 11, 2022, 6:30 AM
    MONTREAL, QC / ACCESSWIRE / April 11, 2022 /St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) is pleased to disclose additional partial results alongside historical results related to the resampling and analysis of the cores related to the drilling effort predating the 2021 campaign of the Company of its 100% owned Manicouagan Project.

    The drill cores assays contain results up to 2.11 g/t of platinum, up to 7.88 g/t of palladium, up to1.73 g/t rhodium, up to 2.63 g/t ruthenium, up to 2.2% copper and up to 9.49% nickel.

    The Company has not previously released all of these results. Since recovering virtually all of the core from the camp site, the Company has initiated a program of re-logging and sampling portions of the core not previously sampled while leaving intact portions that were historically sampled.

    The Company's geologists feel that the availability of the assays has been significantly confirmed by hole 21-18 partial results thus far. See March 24, 2022 Press Release titled "Discovery of High-Grade Nickel & Palladium Large Corridor Confirmed" www.thecse.com/en/trading/market-acti...

    This and previous work have provided evidence for the identification of a new discovery referred to as the Bob Zone carrying high-grade mineralization that has dimensions of 180 meters in length in an east-west trend and at least 80 meters in depth based on drill intercepts.

    The mineralization is open-ended to depth and along strike.

    Additionally, two widely spaced holes with similar mineralogy are located 1.34 km to the northeast (hole 07-09) and 2.8 km to the east (hole 07-32) with no nearby drill holes. Although there are wide spaced holes drilled between the Bob Showing and the above-mentioned holes that contain little or no values, the complex structural regime and our increased knowledge of the area allow us to identify a 3 km corridor carrying high-grade palladium & nickel, still to be assayed for rhodium, that offers a similar mineralization signature to the Bob Zone discovery while being along strike. This corridor is highly prospective, and the Company intends to prioritize this zone to investigate continuity or the presence of multiple mineralized lens.
  11. forum rang 10 voda 19 april 2022 07:13
    Rio Tinto Queensland Resources Council Over Coal

    Strategic Research Institute
    Published on :
    19 Apr, 2022, 6:30 am

    Rio Tinto has exited from Queensland Resources Council after raising concerns that its policy on expansion of coal mines did not align with the Paris Climate Agreement, Rio Tinto's Australia CEO Kellie Parker said "After careful consideration, Rio Tinto will not renew its membership with the Queensland Resources Council for the 2022-2023 financial year.”

    Investor advisory firm Australasian Centre for Corporate Responsibility had filed in February a shareholder resolution to Rio Tinto to suspend its membership with the resource council.

    ACCR said the other members that claim to be supportive of the Paris Agreement including Anglo American, BHP, Origin Energy and South32 must follow Rio Tinto and exit the QRC.
  12. forum rang 10 voda 20 april 2022 08:11
    Vale Expands Use of AI & Autonomous Equipment

    Strategic Research Institute
    Published on :
    20 Apr, 2022, 6:30 am

    Artificial intelligence, computer systems, GPS and radars are part of the routine of over 300 Vale’s employees in Brazil being benefited by the autonomous operation. With this technology, that started being used four years ago, equipment operates with no personnel inside the cabins, which significantly reduces the risks to which employees are exposed in the operational area, in addition to providing more stability to the operation and generating gains of efficiency. With the start-up of the autonomous stocking yard at Ilha Guaíba Terminal, in Mangaratiba (Rio de Janeiro state), Brazil, which took place this week, Vale reached the landmark of 72 autonomous equipment in operation in four Brazilian states.

    The company delivered last January the 18th stocking yard machine at Ponta da Madeira Maritime Terminal, in São Luís (Maranhão state), and in February the 11th drill rig in Itabira, at Minas Gerais state. The autonomous are also present in the operations in Carajás, Pará state, and Brucutu, Minas Gerais. A total of 24 haul trucks, 18 drill rigs and 30 yard machines are operating in the autonomous mode.

    Besides safety and efficiency gains, which are common to all autonomous equipment, there are also sustainability benefits in the case of mobile equipment, such as haul trucks and drill rigs, due to the reduction in fuel consumption and the increase in components lifespan.

    The first autonomous pieces of equipment to come into operation were haul trucks and drill rigs, in 2018, at Brucutu mine. Currently, there are haul trucks, drill rigs and stocking yard machines also operating in Carajás and drill rigs in Itabira; along with the yard machines started up this year in São Luís and Mangaratiba. Vale also operates autonomous drill rigs and scoops in its underground mines in Canada and an autonomous yard in Malaysia.

    As the autonomous mode has advanced, around 300 employees ceased to work in areas that are subject to the risks inherent to the operation, such as mine pits and stocking yards in the Brazilian states of Minas Gerais, Pará, Rio de Janeiro and Maranhão.?The implementation of autonomous mode in operations is being accompanied by training plans for employees to work with new technologies, preparing them for the mining of the future. All employees involved in the project received training, either for new roles (as truck lane designer) or to perform the same functions in a different way, interacting with autonomous vehicles.

    Vale's autonomous program continues to expand, with a total investment of around US$ 45 million in 2022. By the end of this year, three more haul trucks, two yard machines and five drilling rigs will come into operation in Carajás, in addition to one more truck in Brucutu and three drilling rigs in Itabira, bringing the number of autonomous equipment to 86 in Brazil. “The autonomous operation is making processes more stable and in line with safety standards, supporting Vale in its ambition to become a benchmark in mining safety,” explains program manager Pedro Bemfica. “Furthermore, the introduction of digital technology is making employees even more prepared for the industry's transformation trend.”
  13. forum rang 10 voda 25 april 2022 06:53
    Vale Reports Production Report for Jan-Mar Quarter

    Strategic Research Institute
    Published on :
    25 Apr, 2022, 6:30 am

    Vale’s iron ore fines production totaled 63.9 million tonne in Q1 of 2022, 4.1 million tonne lower than in Q1 of 2021. Sales volumes of iron ore fines and pellets totaled 60.6 million tonne in Q1 off 2022 with a premium of USD 9.0 per tonne. On a quarter over quarter basis, production was lower due to

    (i) Heavy rainfall level in January in Minas Gerais

    (ii) Delays in obtaining licenses, impacting ROM availability, mainly in Serra Norte

    (iii) A performance below expectation in S11D and Sossego

    (iv) Major maintenance which should benefit production on a year to go, allowing Vale to maintain our expected annual Iron Ore production guidance range for the year of 320-335 Mt.

    Coal production was 87.5% higher YoY as a result of the revamp of the plant and the absence of impacts of the COVID-19 pandemic seen on the coal seaborne demand in the 1Q21. When compared to 4Q21, coal production was 27.5% lower, heavily impacted by weather related conditions resulting from the Ana cyclone that hit the South of Africa in January and February.

    Production of finished nickel was 45.8 kt in 1Q22, 5.4% lower than 1Q21 explained by: Sudbury mines ramping up during 1Q22 after the labor disruption; the remaining impact of the incident at Totten mine; the ramp-up of VBME project; and unscheduled maintenance on Onça Puma electric furnace. Sales of nickel were 18.8% lower than 1Q21, mainly due to lower production and an inventory strategy to cover sales commitments during the period of planned maintenance on Sudbury surface plant, in 2Q22.

    Despite that, Sudbury mines achieved pre-strike rates in February with Totten mine resuming operations in the quarter. As a result, we expect our Nickel production for the year to be in line with our guidance of 175-190 kt.

    Production of copper was 56.6 kt in 1Q22, 26.0% lower than 1Q21. The decrease was largely caused by lower Sossego production, which operated for 24 days during the quarter, due to scheduled SAG mill maintenance.

    Given additional unplanned maintenance required at Sossego, at this point we expect copper production to be closer to the low end of our guidance of 330-355 kt of copper in 2022.
  14. forum rang 10 voda 25 april 2022 07:12
    Rio Tinto Announces Production Results for Jan-Mar Quarter

    Strategic Research Institute
    Published on :
    25 Apr, 2022, 6:30 am

    Rio Tinto Chief Executive Mr Jakob Stausholm said “We made notable progress during the quarter with the commencement of underground mining at Oyu Tolgoi following a comprehensive agreement reached with the Government of Mongolia, completed the acquisition of the Rincon lithium project in Argentina, and signed a framework agreement at the Simandou iron ore project in Guinea. These projects are all aligned with our strategy of growing in materials essential to a decarbonising world. Production in the first quarter was challenging as expected, re-emphasising a need to lift our operational performance. We launched seven more deployments of the Rio Tinto Safe Production System, building on the achievements from the previous rollouts. As we ramp up Gudai-Darri, our iron ore business will have greater production capacity and be better placed to produce additional tonnes of Pilbara Blend in the second half.”

    Production in Q1 of 2022

    Pilbara iron ore shipments (100% basis) - 71.5 million tonne, down 8% YoY

    Pilbara iron ore production (100% basis) -71.7 million tonne, down 6% YoY

    IOC iron ore pellets & concentrate -2.4 million tonne, up 3% YoY

    Bauxite - 13.6 million tonne, flat YoY

    Aluminium - 736 kilo tonne, down 8% YoY

    Mined Copper - 125 kilo tonne, up 4% YoY

    Titanium dioxide slag - 273 kilo tonne, down 2% YoY

    Pilbara operations had a challenging first quarter, as expected. Rio produced 71.7 million tonnes (100% basis), 6% lower than the first quarter of 2021. Pilbara shipments in the first quarter were 71.5 million tonnes (100% basis), 8% lower than the first quarter of 2021. Rio expect increased production volumes and improved product mix in the second half with the commissioning and ramp up of Gudai-Darri, commissioning of the Robe Valley wet plant and improved mine pit health. Full year shipments guidance remains unchanged.

    Bauxite production of 13.6 million tonnes was in line with the first quarter of 2021 with similar wet weather disruptions as the corresponding period.

    Aluminium production of 0.7 million tonnes was 8% lower than the first quarter of 2021 due to reduced capacity at our Kitimat smelter in British Columbia following the strike which commenced in July 2021. Preparations continue for the Kitimat smelter to progressively restart from June 2022 with full ramp up expected by the end of the year. All our other smelters continued to have stable performance, despite considerable challenges related to unplanned employee absences due to COVID-19.

    Mined copper production of 125 thousand tonnes was 4% higher than the first quarter of 2021 due to higher recoveries and grades at Kennecott, partly offset by lower grades at Oyu Tolgoi and lower throughput at Escondida. On 1 April, we announced a new five-year Collective Bargaining Agreement had been reached with unions representing approximately 1,300 employees at the Kennecott operation.
  15. forum rang 10 voda 25 april 2022 07:13
    BHP Announces Jan-Mar Quarter Production Results

    Strategic Research Institute
    Published on :
    25 Apr, 2022, 6:30 am

    BHP Chief Executive Officer Mr Mike Henry said “BHP delivered safe and reliable production in the third quarter. Our WA iron ore business continues to perform strongly as we navigate the state’s first major COVID-19 wave, and we remain on track to achieve full year volume and cost guidance. Amid record high prices, our Queensland metallurgical coal business delivered strong underlying performance and benefited from better weather in the quarter. In copper, Spence production is increasing and the Olympic Dam smelter is performing strongly as it returns to full production following planned maintenance. These gains have been more than offset at Escondida by impacts from COVID-19 and public road blockades in Antofagasta, which are reflected in a revision to overall production guidance.”

    Iron ore - 59.7 million tonne. Lower volumes at WAIO reflecting temporary labour constraints due to COVID-19, train driver shortages and planned maintenance activities. This was partially offset by record production from the MAC hub with the continued ramp up of South Flank.

    Metallurgical coal – 10.6 million tonne. Increased volumes as a result of lower rainfall than the prior period coupled with 20% strong operational performance driven by improved truck productivity.

    Energy coal -2.6 million tonne. Lower volumes due to continued wet weather and COVID-19 related absenteeism (13%) impacting stripping and mine productivity, as well as an increased proportion of higher quality products.

    Copper - 369.7 kilo tonne. Higher volumes at Olympic Dam following completion of the planned smelter 1% maintenance campaign. This was partially offset by lower volumes at Escondida mainly due to COVID-19 workforce impacts and public road blockades as a result of social unrest

    Nickel - 18.7 kilo tonne. Lower volumes reflecting temporary labour constraints due to COVID-19 related (13%) absenteeism and workforce shortages.

    Production guidance for the 2022 financial year remains unchanged for iron ore, metallurgical coal and energy coal. Full year total copper production guidance has been lowered to between 1,570 and 1,620 kt, reflecting lowered production guidance for Escondida. Full year nickel production guidance has been lowered to between 80 and 85 kt due to COVID-19 related labour constraints.

    Full year unit cost guidance for Western Australia Iron Ore (WAIO), Escondida and Queensland Coal remains unchanged. Full year unit cost guidance for New South Wales Energy Coal (NSWEC) has been increased to between US$76 and US$81 per tonne, reflecting a targeted increase in the proportion of higher quality coal to capture more value from the record high prices for higher quality thermal coal.
  16. Jalapenjos 25 april 2022 11:55
    Heb dit forum nog maar pas geleden gevonden nadat ik ook pas sinds kort interesse heb in beleggen in commodities en aanverwante (mijnbouw-)bedrijven. Nuttige berichten hier, maar wat is -- en dat mag natuurlijk in het kort, maar hopelijk meer dan 2 woorden :D -- jullie oordeel over de huidige stand van zaken maar ook de toekomstverwachting van bedrijven als Rio Tinto, BHP e.a.? Zeker in relatie tot de best harde klapper omlaag, vandaag.
    Wat Is een andere goede bron voor duidelijke informatie over deze onderwerpen?
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